Financials
Financial year 2025
FlyFree.com from Gent, company number BE0568768210, closed financial year 2025 with a result of € 10,351 after tax. For that financial year FlyFree.com recorded a gross margin of € 18,069 and equity of € 136,197. Compared with financial year 2024, the result moved from € -6,392 to € 10,351. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 136,197
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,351
▲ still € 6,392 loss in 2024
Profit after tax over the fiscal year.
€ 76,170
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,648 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 862
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,670
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,810
▼ 68% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 65,691 | € 19,555 | € 7,180 | € 18,069 | ▲ 152% |
| Profit after taxes | € 36,689 | € 7,456 | € -6,392 | € 10,351 | ▲ € 16,742 |
| Equity | € 155,430 | € 162,886 | € 156,494 | € 136,197 | ▼ 13% |
| Total debts | € 219,172 | € 147,386 | € 188,529 | € 175,094 | ▼ 7% |
| Cash | € 128,956 | € 59,719 | € 60,496 | € 76,170 | ▲ 26% |
| Retained profit | € 136,830 | € 144,286 | € 137,894 | € 117,597 | ▼ 15% |
| Dividend | € 0 | € 0 | € 0 | € 30,648 | |
| Balance sheet total | € 374,601 | € 310,272 | € 345,023 | € 311,291 | ▼ 10% |
Key figures of FlyFree.com, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FlyFree.com?
What happened at FlyFree.com in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,351. Source: NBB ↗
- New establishment in Gent. KBO
- Luc Butaye became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 36,689 profit in 2022 to € 10,351 profit in 2025.
Paid € 16,626 in corporate taxes since 2022.
Best year ever: 2022, with € 36,689 profit.
Paid out € 30,648 in dividends to the owners in total.
Management
Behind FlyFree.com is Luc Butaye.
Directors
According to the 2025 annual accounts
Luc Butaye
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Korenbloemstraat 36
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0568.768.210
- VAT number
- BE 0568.768.210
- Registered office
- Korenbloemstraat 36, 9000 Gent
- Names & denominations
- FlyFree.com
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2015
- Peppol
- Active · Active since 5 Feb 2026
- Activities · NACE
Handelsbemiddeling in de groothandel in andere specifieke goederen